I would assume there are some people on here who have gone down the path of developing affordable housing projects for their respective markets. 

The quicker we act the more of the market we can monopolise we already have a head start in terms of land development as we have acquired over 60’000 square meters of land.

I actually advise on and develop reserve studies for a living.

I help investors/developers build with modular (prefab) homes here in SoCal.

Investors can move quickly on development and take advantage of the city's ongoing growth.Long-Term GrowthFlorence’s expanding economy and housing demand ensure long-term appreciation, making it a stable choice for both immediate gains and future value.If you're looking to invest in land or new construction, Florence, Alabama, presents a unique opportunity with affordable entry points and strong growth prospects.

I have no development experience but 2 clients have built permitted ADU's in adjacent LA (90047), and both were under $130k, with your quotes a 800 sq ft ADU would be $200k. 

Typically in my experience at a large real estate development firm, we worked with local attorneys on the appeal process every year.

Are there trends or developments that could impact future growth?

It was a recently developed lot.

Hey @Austin Wolff - You bring up some good points about knowing the house better than anyone when you build new if you are actively involved and onsite regularly, but I'd get behind @Jay Hinrichs, in the sense that the numbers don't always allow you to build new.Here in Chicago, new developments are super pricey, and even the BEST DEVELOPERS HAVE SLIM MARGINS.